The Carvel Club Inc

Analysis

The Carvel Club Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in August 1951, 75 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Carvel Club Inc reported income of $238k and spending of $249k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $227k to $238k (+5.1%), an average of +1.2% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Carvel Club Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IN. Charities of a similar size with the same main cause include Zoe Foundation for Infusion Art Therapy ($238k), Open Door Pregnancy Center ($238k) and Sexual Assault Program of Northern St Louis County ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $26k (10% of expenses). Other salaries and wages came to $95k. At year end it held assets of $460k against liabilities of $0, net assets of $460k. It reported 11 employees.